Senior Underwriter in London

Senior Underwriter in London

London Full-Time 60000 - 80000 £ / year (est.) No home office possible
Markel Corporation

At a Glance

  • Tasks: Lead underwriting for Transport & Logistics, mentoring colleagues and managing complex risks.
  • Company: Join Markel, a Fortune 500 company with a people-powered culture.
  • Benefits: Competitive salary, annual bonus, extensive benefits, and a generous pension scheme.
  • Other info: Enjoy 25 days holiday and a supportive work environment focused on growth.
  • Why this job: Make an impact in a dynamic industry while developing your career with expert support.
  • Qualifications: Strong experience in Transport & Logistics underwriting and excellent relationship management skills.

The predicted salary is between 60000 - 80000 £ per year.

The Senior Transport & Logistics Underwriter will be responsible for demonstrating a deep understanding of the industry in which we operate. The role involves acting as a referral point for underwriters on more complex risk, giving team support, direction and mentoring colleagues using expertise and experience.

Who we are:

The Transport & Logistic team forms part of the Marine & Energy business and the team write a diverse portfolio on a worldwide basis. We are leaders across our chosen areas and require a commitment to technical expertise and accuracy to maintain this leadership role. A great emphasis is placed on the relationship between the insured and insurer with a focus on meeting clients and producers in their home territories. Markel is a people-powered business that values relationships, collaboration and long-term career development.

What you’ll be doing:

  • Help in raising the profile of Markel and the team in Transport and Logistics.
  • Demonstrate a strategic and structured approach to broker development, communicate the Markel story to brokers and customers in a compelling and credible way that supports the brand.
  • Create and provide Thought Leadership for the Transport and Logistics Team.
  • Work with Actuaries, creating strategy for the portfolio.
  • Collaborate with Markel claims colleagues on broker and customer meetings to maximise business development opportunities, studying claims trends and losses to further our Underwriting approach.
  • Challenge wordings/clauses, lead in navigating the complexities of drafting & amending wordings/clauses, and raise concerns to the Director of Marine & Energy Liabilities.
  • Contribute to innovation within the product suite providing expert input into the creation of new products and proactive input into the refinement of existing products or services relating to the product.
  • Proactively develop, own and enhance our customer offering within Transport and Logistics, actively engaging with customers to identify their needs and provide solutions to problems, as well as seeking new ways to enhance the customer experience.
  • Take the lead in developing and managing key broker relationships, actively leading and managing pipelines for the team.
  • Influence brokers and advance Markel’s interests through strong interpersonal and presentation skills.
  • Identify new distribution and Delegated/Cover holder opportunities and where appropriate implement them.
  • Manage renewal book of business in line with appetite and strategy, including combined ratio targets.

Key Skills:

  • Strong experience of Transport & Logistics Underwriting.
  • Underwriting Insights and Risk Acceptance.
  • Portfolio Management.
  • Underwriting Data Analysis.
  • Actuarial Concepts.
  • Claims Service and Data Analysis.
  • Wording Comprehension and Improvement.
  • Excellent relationship management skills.

A great starting salary plus annual bonus & strong benefits package, including up to 16% company pension scheme, private medical and dental cover, menopause plan, emergency care benefit (children/pets/dependants), income protection, life assurance, electric car scheme, travel insurance, and 25 days paid holiday.

Senior Underwriter in London employer: Markel Corporation

Markel is an exceptional employer that prioritises the growth and well-being of its employees, offering a dynamic work culture in the heart of London. With a strong emphasis on collaboration and professional development, employees benefit from a comprehensive benefits package, including a generous pension scheme, private medical cover, and opportunities for career advancement within a leading global insurance firm. Join us to be part of a people-powered business that values relationships and strives for excellence every day.
Markel Corporation

Contact Detail:

Markel Corporation Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter in London

✨Tip Number 1

Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that personal connections can open doors, so don’t be shy about making those introductions.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. We want you to show how your experience aligns with their values. Practice common interview questions and think of examples that highlight your skills in Transport & Logistics underwriting.

✨Tip Number 3

Follow up after interviews! A quick thank-you email can set you apart from other candidates. We recommend mentioning something specific from your conversation to remind them of your fit for the role.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about joining our team.

We think you need these skills to ace Senior Underwriter in London

Transport & Logistics Underwriting
Underwriting Insights
Risk Acceptance
Portfolio Management
Underwriting Data Analysis
Actuarial Concepts
Claims Service Analysis
Wording Comprehension
Relationship Management
Interpersonal Skills
Presentation Skills
Business Development
Customer Engagement
Strategic Thinking

Some tips for your application 🫡

Show Your Expertise: Make sure to highlight your deep understanding of the Transport & Logistics industry in your application. We want to see how your experience aligns with the role and how you can contribute to our team's success.

Tailor Your Application: Don’t just send a generic CV and cover letter! Tailor your application to reflect the specific skills and experiences mentioned in the job description. This shows us that you’re genuinely interested in the position and understand what we’re looking for.

Be Personable: Remember, we’re all about people! Use your application to showcase your relationship management skills and how you’ve successfully collaborated with others in the past. We love seeing candidates who value teamwork as much as we do.

Apply Through Our Website: For the best chance of getting noticed, make sure to apply through our website. It’s the easiest way for us to keep track of your application and ensures it lands in the right hands!

How to prepare for a job interview at Markel Corporation

✨Know Your Stuff

Make sure you have a solid understanding of the Transport & Logistics industry. Brush up on key trends, challenges, and innovations. This will not only help you answer questions confidently but also show your passion for the field.

✨Showcase Your Experience

Prepare specific examples from your past roles that highlight your underwriting expertise and how you've managed complex risks. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.

✨Build Rapport

Remember, this role is all about relationships. Practice your interpersonal skills and be ready to discuss how you've successfully built and maintained broker relationships in the past. A friendly, approachable attitude can go a long way!

✨Ask Insightful Questions

Prepare thoughtful questions that demonstrate your interest in the company and the role. Inquire about their approach to innovation in underwriting or how they handle claims trends. This shows you're not just interested in the job, but also in contributing to their success.

Senior Underwriter in London
Markel Corporation
Location: London

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